Leasing out of Jaipur, Guwahati, Thiruvananthapuram airports to Adani Group

The Union Cabinet has approved the proposal for leasing out three airports, Jaipur, Guwahati and Thiruvananthapuram, to Adani Enterprises that won these in an auction last year.

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Key-Points

Billionaire Gautam Adani-led private developer had emerged as the successful bidder in a global competitive bidding conducted by the Airports Authority of India (AAI). 

These three AAI airports for Operation, Management and Development have been leased to M/s Adani Enterprises Ltd for a period of fifty years.

These projects will bring efficiency in service delivery, expertise, enterprise and professionalism apart from harnessing the needed investments in the public sector.

Government had leased out the Airports Authority of India’s airports at Delhi and Mumbai on Public Private Partnership for Operation, Management and Development about a decade ago.

The PPP airports in India are consistently ranked among the top 5 in their respective categories by the Airports Council International (ACI) in terms of Airport Service Quality (ASQ).